Saudi-Egypt non-oil trade worth $4.4bn in 2020

Egypt-Saudi trade shrugs off pandemic impact. (Supplied)
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Updated 28 April 2021
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Saudi-Egypt non-oil trade worth $4.4bn in 2020

  • KSA second-largest receiving market for Egyptian goods

RIYADH: Saudi-Egypt non-oil trade reached $4.4 billion in 2020, compared to $4.1 billion in 2019, based on Saudi General Authority for Statistics data, said Egypt’s Trade and Industry Minister Nevin Jameh.
The minister said that Egyptian exports to the Saudi market achieved significant growth in 2020, rising to $2.6 billion from $2.3 billion in 2019, Al Arabiya reported.
This increase was attributed to improved performance in the agricultural commodities and food sector even as overall Saudi imports from the rest of the world fell 9 percent over the year as the pandemic suppressed consumer demand across a number of products.
Saudi Arabia was the second largest receiving market for Egyptian exports last year.


UAE thwarts terrorist cyberattacks targeting vital sectors

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UAE thwarts terrorist cyberattacks targeting vital sectors

DUBAI: The UAE successfully prevented terrorist cyberattacks that targeted the country’s digital infrastructure and vital sectors, in an attempt to destabilize the nation and disrupt essential services, state news agency WAM reported.

The UAE Cybersecurity Council said the attacks included attempts to infiltrate networks, deploy ransomware, and conduct systematic phishing campaigns targeting national platforms.

It also involved the exploitation of artificial intelligence technologies to develop sophisticated offensive tools, reflecting a qualitative shift in the methods employed by terrorist groups and their ability to harness modern technologies to carry out digital attacks, WAM reported.

The Council reiterated the country’s national cybersecurity defense system makes sure that the safety of individuals, the protection of personal data and the continuity of critical services remain top priorities.

It further urged the public to report any cyber threats or suspicious attempts to ensure digital security in the country.